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Just 8 men own same wealth as half the world.

It's like most people don't think about the consequences when they use Microsoft Windows and Apple products, when they go to Walmart, when they don't boycott companies that lack social responsibility, when they vote for corrupt politicians, etc.

Of course we also have to take into account:· The financial/banking system (based on debt slavery, compound interests, etc).· Patents (that is, monopolies granted by the state so corporate predators can hijack technologies that otherwise could be used to produce new cheaper products, medicines... all over the world).· Tax havens and loopholes.· Corporate welfare.· Corruption, insider trading, etc.

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.

Just 8 men own same wealth as half the world.

It's like most people don't think about the consequences when they use Microsoft Windows and Apple products, when they go to Walmart, when they don't boycott companies that lack social responsibility, when they vote for corrupt politicians, etc.

Of course we also have to take into account:· The financial/banking system (based on debt slavery, compound interests, etc).· Patents (that is, monopolies granted by the state so corporate predators can hijack technologies that otherwise could be used to produce new cheaper products, medicines... all over the world).· Tax havens and loopholes.· Corporate welfare.· Corruption, insider trading, etc.

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.

Forbes:

Unless It Changes, Capitalism Will Starve Humanity By 2050

Capitalism has generated massive wealth for some, but it’s devastated the planet and has failed to improve human well-being at scale.

Species are going extinct at a rate 1,000 times faster than that of the natural rate over the previous 65 million years (see Center for Health and the Global Environment at Harvard Medical School).

Since 2000, 6 million hectares of primary forest have been lost each year. That’s 14,826,322 acres, or just less than the entire state of West Virginia (see the 2010 assessment by the Food and Agricultural Organization of the UN).

Even in the U.S., 15% of the population lives below the poverty line. For children under the age of 18, that number increases to 20% (see U.S. Census).

This Infographic Shows How Only 10 Companies Own All The World’s Brands

In order to visually elucidate that point, Oxfam International created a comprehensive infographic that reveals the extensive reach of the “Big 10” food and beverage companies.

Obviously, the horrors extend far beyond our own shattered daydreams. Massive corporations squash entrepreneurial diversity and make it nearly impossible for startups and small businesses to compete.

According to Oxfam’s report, “The world’s largest food and beverage companies have a lot of power – but you have more. And because they’re not using theirs enough to help poor communities or the planet, you can use yours to change the way they do business.”